World Perspectives
soy-oilseeds

U.S. Soybean Crush Margin Outlook

The three legs of the U.S. soybean crush have each seen interesting and divergent dynamics over the past month that have influenced the crush margin outlook. Notably, soymeal prices have slumped $30/MT lower since early October and are hovering near contract lows just below the $300 mark. Conversely, after a volatile month, soyoil futures have rallied sharply and are trading, as of this writing, at a new three month high. Soybeans have been caught somewhere in the middle with an overall weaker tone seeing some reversal trade develop this week. The strength in soyoil and weaker soybean values have caused the CBOT board crush margins (that is, the margin implied by the soybean, soyoil, and soymeal futures contracts for corresponding months) t...

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feed-grains soy-oilseeds wheat

Market Commentary: The Soybean Breakdown

The country song Oklahoma Breakdown (originally written by Mike Hosty, subsequently popularized by red dirt country artist Stony LaRue, then eventually covered by Toby Keith who, in this analyst’s opinion, ruined it) contains the line “That Oklahoma Breakdown sure do got you cryin’” – a stateme...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.3725/bushel, down $0.0625 from yesterday's close. Mar 25 Wheat closed at $5.4125/bushel, down $0.0375 from yesterday's close. Jan 25 Soybeans closed at $9.5175/bushel, down $0.25 from yesterday's close. Jan 25 Soymeal closed at $279.5/short ton, down $7.7...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 9 – 13 December 2024Russian grain markets remained relatively stable but, in some areas, especially export platform, prices were bearish. Part of the reason behind a bearish trend is the potential decrease of stocks. As of early December, stocks of agricultural companies...

feed-grains soy-oilseeds wheat

Market Commentary: The Soybean Breakdown

The country song Oklahoma Breakdown (originally written by Mike Hosty, subsequently popularized by red dirt country artist Stony LaRue, then eventually covered by Toby Keith who, in this analyst’s opinion, ruined it) contains the line “That Oklahoma Breakdown sure do got you cryin’” – a stateme...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.3725/bushel, down $0.0625 from yesterday's close. Mar 25 Wheat closed at $5.4125/bushel, down $0.0375 from yesterday's close. Jan 25 Soybeans closed at $9.5175/bushel, down $0.25 from yesterday's close. Jan 25 Soymeal closed at $279.5/short ton, down $7.7...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 9 – 13 December 2024Russian grain markets remained relatively stable but, in some areas, especially export platform, prices were bearish. Part of the reason behind a bearish trend is the potential decrease of stocks. As of early December, stocks of agricultural companies...

FOB Prices and Freight Rates App (Updated 18 December)

Ocean Freight Comments - 13 December 2024By Matt HerringtonDry bulk freight markets are in the middle of the holiday-season slowdown with thin and very quiet trade characterizing what little market activity is present. The peak demand period from the North American grain harvest has now past bu...

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Accountability and a comprehensive approach to export programming

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